Reely Hooked Fish Co. Shark Tank Update

Reely Hooked Fish Co. Shark Tank Pitch

James Arcaro and Steven Markley appeared on Shark Tank Season 9, Episode 11, which aired on November 11, 2017, with fresh and healthy smoked fish dips.

Reely Hooked Fish Co. is listed in the Food Beverage category. In plain terms, the business is described as fresh and healthy smoked fish dips.

Reely Hooked Fish Co. asked the Sharks for $75,000 for 25%, implying a valuation of about $300,000.

On the show, Reely Hooked Fish Co. made a listed deal with Mark Cuban for $75,000 for 25%.

If treated as straight equity, the listed deal works out to about $300,000 implied valuation, roughly the same implied valuation as the ask.

This pitch is included as context for the more important question: what happened after Shark Tank.

Reely Hooked Fish Co. After Shark Tank

Reely Hooked Fish Co. accepted an on-air deal, but the company did not become a long-term Shark Tank food success. (Reely Hooked Fish Co. Shark Tank Blog update

The smoked-fish dip business appears to have closed after the episode. (Reely Hooked Fish Co. Shark Tank Blog update

Follow-up tracking points to the website and public business presence going inactive. (Reely Hooked Fish Co. Shark Tank Blog update

The company is now best treated as out of business. (Reely Hooked Fish Co. Shark Tank Blog update

Sources

Sources used for this page: Shark Tank API pitches